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Issue 846 | Energy Company Obligation: ECO3, 2018-2022: Government Response and Ofgem’s ECO3 Consultation

Issue 846 | Energy Company Obligation: ECO3, 2018-2022: Government Response and Ofgem’s ECO3 Consultation

Rowan  Hazell Rowan Hazell Analyst

Energy Company Obligation: ECO3, 2018-2022: Government Response and Ofgem’s ECO3 Consultation 6 August 2018 Headline Assessment 1 Assessment & recommendation BEIS issued its decision on the third stage of the Energy Company Obligation (ECO3) on 19 July. The scheme will run from 1 October 2018 to 31 March 2022. The government’s position on a number of areas have changed since the initial ECO3 consultation: The threshold for mandatory participation in the scheme will fall to 200,000 domestic customer accounts from 1 April 2019, and to 150,000 accounts from 1 April 2020, rather than remaining at 250,000 The total bill savings that suppliers will be required to deliver over ECO3 has increased ...

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